Rising Demand for Credit Counseling Services at Money Management International Reflects Growing Debt Crisis
Thursday, 11 July 2024, 13:00
Money Management International Reports Major Increase in Credit Counseling in First Half of 2024
The latest data from Money Management International (MMI) reveals a substantial surge in clients seeking nonprofit financial counseling and debt management assistance in the initial six months of 2024.
Highlights:
- Escalating Financial Pressures: Rising levels of debt pose challenges for individuals and families.
- State-by-State Unsecured Debt Growth: MMI data showcases the changing debt landscape across different regions.
- Increased Demand for Financial Counseling: The report underscores the growing need for assistance in managing personal finances.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.